Industry · municipality
Street Food in Molde
Analysis of Companies, Statistics, and Opportunities for Entrepreneurs in Molde
Executive Summary
Street food in Molde is a small but dynamic industry with 7 registered companies. In recent years, the industry has been marked by large variations in sales and number of employees, with a significant decline in 2022 and an increase in 2025. The industry is part of the larger quick-service food group, which shows more stable growth. This makes Molde an interesting city for entrepreneurs seeking to establish themselves in a competitive but not overly compact market segment.
Economic Overview
Sales and Employees in Street Food in Molde
Sales have been highly variable in recent years:
- 2016: NOK 2.2 million
- 2022: NOK 0 (largest decline)
- 2025: NOK 565,600 (largest increase)
Number of employees has been more stable, with an average of about 9 employees per year. There has been a significant increase from 2024 to 2025 (+37.5%), but a decline in 2026 (-18.2%).
Causes of Variability
- Large companies such as Big Bite Avd 243 have been affected by negative results (EBITDA -9% in 2025)
- Newer companies such as Boonmee Thai (2026) have not yet generated sales
- Larger companies in the quick-service food group have shown more stable growth
Companies in the Industry
Registered Companies in Street Food in Molde
| Nr | Name | Location | Organizational Form | Employees | Sales (2025) |
|---|---|---|---|---|---|
| 1 | Le Vi Nguyen Tuong | Lingedalsvegen 6-10 | ENK | 7 | NOK 0 |
| 2 | Big Bite Avd 243 | Torget 1 | AS | 0 | NOK 15.3 million |
| 3 | Boonmee Thai | Øvre veg 29 | ENK | 0 | NOK 0 |
| 4 | Boonmee Thai | Øvre veg 29 | ENK | 0 | NOK 0 |
| 5 | Nagells Nomad Burgers | Nothusmarka 52 | ENK | 0 | NOK 0 |
| 6 | Nagells Nomad Burgers | Nothusmarka 52 | ENK | 0 | NOK 0 |
| 7 | Nils Ole Hjelen | Big Bite avd 243 | ENK | 0 | NOK 0 |
Organizational Forms
- 1 ENK company with 7 employees
- 1 AS company (Big Bite Avd 243) with 0 employees
- 5 ENK companies with 0 employees
Special Observations
- Big Bite Avd 243 has a negative result (EBITDA -1.5 million in 2025)
- Several companies have started up in 2026 (Boonmee Thai, Nagells Nomad Burgers)
Business Geography
Distribution of Businesses in Molde
| Location | Number of Companies | Number of Employees | Sales (2025) |
|---|---|---|---|
| Molde | 6 | 7 | NOK 0 |
| Bolsøya | 1 | 0 | NOK 0 |
Central Locations
- Lingedalsvegen 6-10 (3 companies)
- Torget 1 (1 company)
- Øvre veg 29 (2 companies)
- Nothusmarka 52 (2 companies)
Location Analysis
- Most companies are located in Molde city center
- Bolsøya has one company, but no sales in 2025
- Lingedalsvegen is an important concentration point for street food companies
Profitability and Dynamism
Bankruptcies and Profitability
- No companies are registered as bankrupt in the industry
- Big Bite Avd 243 has a negative result (EBITDA -1.5 million in 2025)
- Several companies have started up in 2026 without having generated sales yet
Profitability
- Le Vi Nguyen Tuong has no sales or profit
- Boonmee Thai (2026) has no sales yet
- Nagells Nomad Burgers (2025) has no sales
Development Trends
- Larger companies have been affected by negative results
- Newer companies have not yet generated sales
- There is a clear variation in profitability between companies
Outlook for Entrepreneurs
Development Trends for Entrepreneurs
- Larger companies in the industry have shown unstable growth (Big Bite Avd 243 had a negative result in 2025)
- Newer companies have not yet generated sales (Boonmee Thai, Nagells Nomad Burgers)
- Competitiveness is high, but there are opportunities to establish oneself in a growing market segment
- Location in Molde city center can be an advantage to reach customers
- Municipal support opportunities may be available for new companies
Outlook in the Quick-Service Food Group
Quick-Service Food Group in Molde
- Number of companies: 13 (street food is part of this group)
- Sales in 2025: NOK 67.1 million (greater growth than street food)
- Number of employees: 122 in 2026 (more stable growth than street food)
Peer Companies in the Quick-Service Food Group
| Name | Industry | Sales (2025) | EBITDA (2025) | Employees |
|---|---|---|---|---|
| Valaker Bakeri Og Konditori As Avd Braud Molde | Bakery | NOK 19.5 million | NOK 4.7 million | 12 |
| Burger King 5008 Molde | Quick-Service Chain | NOK 0 | NOK 0 | 28 |
| Mcdonald's Roseby 80 | Quick-Service Chain | NOK 0 | NOK 0 | 49 |
Contrast to Street Food
- Quick-service chains have a larger market share and more stable operations
- Bakery companies have higher EBITDA margins
- Street food companies have more variable growth
Other companies in hurtigmat (not in street food)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Valaker Bakeri Og Konditori As Avd Braud Molde | bakery | Amfi Roseby|Lingedalsvegen 6-10, 6415 Molde | NOK 19.5M | 12 | NOK 4.7M |
| Fjordgata 2 As | bakery | FJORDGATA 2-4, 6413 Molde | NOK 1.7M | 0 | NOK 1.4M |
| Bakeriet Roseby As | bakery | Lingedalsveien 6 - 10, 6415 Molde | NOK 8.7M | 18 | NOK 141.0K |
| Burger King 5008 Molde | fast food chain | Moldegårdsvegen 7, 6415 | NOK 0 | 28 | NOK 0 |
| Funky Kioskdrift As Avd Roseby | frozen yogurt cafe | Lingedalsvegen 6-10, 6415 Molde | NOK 0 | 7 | NOK 0 |
| Mcdonald's Roseby 80 | fast food chain | Fannestrandvegen 49B, 6415 Molde | NOK 0 | 49 | NOK 0 |
Conclusion
Street food in Molde is an industry with both opportunities and challenges. In recent years, there have been large variations in sales and profit results, but there are also signs of growth in 2025. The broader quick-service food group shows more stable growth, which can be an advantage for entrepreneurs seeking to establish themselves in a competitive market segment. SmartGrunder can help entrepreneurs find optimal locations and develop strategies that fit Molde's specific conditions.